SEC must mark Chinese military company stocks with 'CMC' label
S. 5642 — Know Your Sanctioned Securities Act · Filed by Rick Scott (R-FL) · 1 cosponsor · Introduced Sep 30, 2026 · Referred to committee
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What it does
The bill tells the SEC to add 'CMC' to stock ticker symbols. The stocks must be from Chinese military companies on the Defense Department's list. The SEC has 180 days to do this. If a company leaves the military list, the label is removed.
Who it affects
Investors who buy stocks can see the 'CMC' label. They know the company is military-connected. People with retirement accounts can see which stocks have the label.
One thing to notice
The label only works if the Defense Department's list is complete. Investors might think 'CMC' means the government banned the stock, even though it only requires a label.
From the analysis of the bill text, linked under Primary records below.
Where it stands
1 cosponsor: 1 Republicans.
- Sep 30, 2026 — Introduced · Congress.gov: “Introduced in Senate”
- Sep 30, 2026 — Referred to Senate Committee on Banking, Housing, and Urban Affairs · Congress.gov: “Read twice and referred to the Committee on Banking, Housing, and Urban Affairs”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- SEC — The federal agency that makes rules for the stock market.
- military-connected — A company the U.S. government says is linked to the military.
- Defense Department — The federal agency in charge of the U.S. military.
- retirement accounts — Money people save for when they stop working.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (706 characters) on Oct 9, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 16,222 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-10-20.
“SEC must mark Chinese military company stocks with 'CMC' label” QuorumCivic. https://share.quorumcivic.app/bill/119/s5642/simple Report an error
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